Framing the Problem/Opportunity

Business of Healthcare Discussion Questions
January 11, 2023
Hyperparathyroidism disease
January 11, 2023

Framing the Problem/Opportunity

Description

Please provide a response for the attached peer and include references as well (first attachment). Please answer the below discussion post as well.

(Please use Texas Health Resources to answer the question below)

Framing the Problem/Opportunity

Using the organization you selected in Week 1, identify a specific problem or opportunity that can best be addressed through the analysis of data. Your “area of opportunity” could fall into any functional area in business: leadership, people management, finance, operations, marketing, etc. The choice is yours, but the opportunity you identify must be a “significant” one, worthy of the attention of the CEO and the Board of Directors.

  • What sort of data should you gather and analyze to accurately assess the problem or opportunity? Is it sales data, demographic data, product performance data, or another type of data?
  • Explain why this type of data is needed for this particular problem or opportunity
  • How will you obtain this data?
  • What is your hypothesis (prediction) of what the data will tell you?

References: https://www.projectmanager.com/blog/business-forec…